Reed's Central Auto Repair

$8,200 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
2066377209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$8,200
Current Approval
$8,200
Forgiveness Amount
$8,259
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed's Central Auto Repair
Address
505 Central Avenue North
ZIP Code
55021-4322
Business Type
Partnership
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$6,700
Utilities
$1,500

Lender Information

Servicing Lender
The State Bank of Faribault
Originating Lender
The State Bank of Faribault

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